INVITE-ONLY SCRIPT
NEoWave Chart
Mis à jour
An automated wave chart for NEoWave wave analysis. This is an automated wave chart plotter that help you to find the current psychological trend and forecast the next one. This Indicator uses the concept of plotting wave charts as per the NeoWave method invented by Glenn Neely in 1990 in the “Mastering Elliott Wave” book. NEoWave is a advanced version of elliott wave theory, which solve the lots of drawback's and issues' of elliott wave theory.
The Logic and Concept used in Indicator
This indictor uses the logic of plotting wave chart as discussed in “Mastering Elliott Wave” book, According to “Mastering Elliott Wave” book to draw a wave chart draw a line from high to low or low to high in order that they occurred, and this indicator plot the line accurately from high to low or low to high in order they occurred.
Some Important Features
1. This indicator can draw wave chart from 5 Seconds to 5 Year or use any custom timeframe of your choice.
2. Use any timeframe wave chart on any timeframe cash data, like use monthly cash data to draw 2.5 years or 5 years wave chart.
3. Do the easy back testing with easy drag tool.
4. Customize wave chart settings based on your requirement.
5. Wave chart will be plotted on any type of charts like candlestick or bar chart.
6. Custom settings to hide other charts, like you can hide bar or candlestick chart, while using wave analysis.
7. Realtime plotting of wave chart from 5 seconds to 5 year.
Features to be added in future update
1. Show Monowave Counts.
2. Show Complexity levels.
3. Show Price and Time.
4. Show Starting point of patterns.
How to use this wave chart?
1. Use the log scale on wave chart. Use Alt + L to use logarithmic scale on chart.
2. Use log Fibonacci on wave chart, just open the settings of Fibonacci channel and check on "Fib channel based on log scale"
3. Find the correct starting point to mark the neowave patterns.
4. Apply the neowave rules as discussed in “Mastering Elliott Wave” book and forecast the market.
Note
If you want to check Daily or any higher timeframe wave chart use cash chart and if you want to check any other timeframe from 5 seconds to any intraday timeframe then use future's data as suggested by Mr. Glen Neely.
The Logic and Concept used in Indicator
This indictor uses the logic of plotting wave chart as discussed in “Mastering Elliott Wave” book, According to “Mastering Elliott Wave” book to draw a wave chart draw a line from high to low or low to high in order that they occurred, and this indicator plot the line accurately from high to low or low to high in order they occurred.
Some Important Features
1. This indicator can draw wave chart from 5 Seconds to 5 Year or use any custom timeframe of your choice.
2. Use any timeframe wave chart on any timeframe cash data, like use monthly cash data to draw 2.5 years or 5 years wave chart.
3. Do the easy back testing with easy drag tool.
4. Customize wave chart settings based on your requirement.
5. Wave chart will be plotted on any type of charts like candlestick or bar chart.
6. Custom settings to hide other charts, like you can hide bar or candlestick chart, while using wave analysis.
7. Realtime plotting of wave chart from 5 seconds to 5 year.
Features to be added in future update
1. Show Monowave Counts.
2. Show Complexity levels.
3. Show Price and Time.
4. Show Starting point of patterns.
How to use this wave chart?
1. Use the log scale on wave chart. Use Alt + L to use logarithmic scale on chart.
2. Use log Fibonacci on wave chart, just open the settings of Fibonacci channel and check on "Fib channel based on log scale"
3. Find the correct starting point to mark the neowave patterns.
4. Apply the neowave rules as discussed in “Mastering Elliott Wave” book and forecast the market.
Note
If you want to check Daily or any higher timeframe wave chart use cash chart and if you want to check any other timeframe from 5 seconds to any intraday timeframe then use future's data as suggested by Mr. Glen Neely.
Notes de version
Remove some bugs.Notes de version
Add more setting to wave chart.Notes de version
Increase the performance of the plugin.Script sur invitation seulement
L'accès à ce script est limité aux utilisateurs autorisés par l'auteur et nécessite généralement un paiement. Vous pouvez l'ajouter à vos favoris, mais vous ne pourrez l'utiliser qu'après avoir demandé et obtenu l'autorisation de son auteur. Contactez Intellxis pour plus d'informations, ou suivez les instructions de l'auteur ci-dessous.
TradingView ne suggère pas de payer pour un script et de l'utiliser à moins que vous ne fassiez confiance à 100% à son auteur et que vous compreniez comment le script fonctionne. Dans de nombreux cas, vous pouvez trouver une bonne alternative open-source gratuite dans nos Scripts communautaires.
Instructions de l'auteur
″It is highly recommended for users to read the “Mastering Elliott Wave” book first and then use this indicator.
Vous voulez utiliser ce script sur un graphique ?
Avertissement: veuillez lire avant de demander l'accès.
Website: intellxis.com/
Our Courses: intellxis.com/courses
Telegram: t.me/intellxis
WhatsApp: wa.me/919479999887
Our Courses: intellxis.com/courses
Telegram: t.me/intellxis
WhatsApp: wa.me/919479999887
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.